Once a hacker gets to know a loophole in a system that no one else knows about, it is called a zero-day exploit. Suppose I found a vulnerability in google chrome which no one knows about, it is marked as zero-day exploit. Instead of giving the exploit to google for patching it up, I would sell it to some other guy for a larger amount. This is where black hats mainly get money from.
Support agents hired by the site are expected to recommend features of different products to users on the site. They are also required to offer consultation services on sales matters on behalf of the companies that have hired them to recommend products as well as services on their behalf. Payment on the site is hourly and usually ranges between nine to fourteen dollars for each hour.
However, I think that while the book has a walk-through for pretty much anything you need to set up your business sites, it would have benefited from real life examples. This would have made it easier for those of us who are still learning the process. The videos from the Resources section of the website the book has links to do help somewhat with that though.
The first follows the startup path we outlined above: You have a disruptive idea for an app or piece of software, you validate the idea with real customers, and then raise money to hire developers or a development studio to build, launch, and scale your software. If you’ve done everything right, your software will be accepted to the Apple and Google Stores and you’ll make money every time someone downloads it or pays for a premium feature.
You can also repurpose a book that is in the public domain. This means the copyright has expired and anybody can take the content of those books, and publish them, either updated or reworked in some way or as is. Did you see that book, Pride and Prejudice and Zombies that came out a few years ago? That’s a great example of reworking a public domain book.
If you’ve got a way with words and expertise in a niche, there are plenty of sites that will pay for articles and content you write. Think of the sites you read regularly. What can you contribute to them that would be interesting? Research your niche and then look for ways to pitch articles. Many sites will simply have a submission or contact link in the footer. To get started, check out my full guide to becoming a freelance writer on the side and then submit your articles to places like Listverse, TopTenz, A List Apart, International Living, FundsforWriters, and Textbroker.
PS Joel also throws up the whole coaching idea in this book, and whilst it’s not at all passive I just wanted to mention it, because this is one of the ways to create a six-figure business for yourself if you are a true expert in an arena.  ie you can use passive income info products (that generate say $30,000 a year) to pull in the customers for your 1-1 or mastermind style coaching service (that brings in say $100,000+ a year).

This book was great. Highly informative, step by step, and simple. It removes the mystery of the jargon. It makes it possible for everyday people to understand what is going on with online internet marketing so they can make the choice to become online marketers, if they choose to, and break into this field. For a person who wants to get into this field, it is really a major job and a good "how to" reference. Very complete job that would take the average person a year to understand half of it if that is all they did. I found the reading easy, with plenty of examples, and with practical, and sometimes funny, stories to connect abstract ideas to the real world. I recommend this book to anyone thinking about entering marketing, to anyone who ever wondered about online marketing, and to anyone who just wants a good read simply for the fun of it.
Some other parts of the book echo advice found in other bestsellers, with the section on how to create a lean startup being reminiscent of Eric Ries’ advice in Lean Startup – this by the way is one of the biggest lessons I think people new to the world of passive income need to realize…you can get started this week, with just $50, and still be on a level playing field with people who have a ton of money behind them (well, almost).
Take a few dollars and a pair of scissors into your local copy shop (many big box office supply stores will do this for you as well. If you don’t have scissors, just borrow them from the store shelf. Just be sure to leave them in the store so they don’t accuse you of shoplifting). Give the clerk at least 4 two dollar bills (it’s more efficient that way because you can get multiple copies on one sheet) Ask for double sided color copies. Should they give you any grief just say it’s just play money for your kid. They’ll probably think it’s fake money anyways since it’s a two dollar bill.

As a business or online blog owner, you probably already know the importance of telling the truth. This is just one of the most basic business ethics that all business owners know. This is not to say, however, that all business owners follow this. It is critical, however, if you want to create and maintain a viable business for the foreseeable future. As a rule of thumb, you might get away with something once or twice. But if you continue to deceive people, you will be destroyed online through social media and your credibility will be lost. This is just not worth the risk to take. Be honest with people about your brand, your products, and your services. Don’t overinflate an offer and tell them what the product does that will help them. Answer any questions honestly. People are looking for businesses they can trust online. They will be loyal to business owners who meet up to this standard. Ones who don’t may lose their good name. And once you lose that, it’s very hard to gain it back.


With drop shipping, you’re effectively partnering with a manufacturer or wholesaler to sell their products. This way, you don’t pay upfront costs to buy inventory, aren’t sitting on unsold items taking up expensive warehouse space, and don’t have to deal with shipping the products yourself. You simply create your site, fill it with drop shippable products, and drive in customers, with almost everything else done for you.
Once you have that problem or need nailed, the next step is to validate that idea and make sure you’ve actually got customers who will pay for it. This means building a minimum viable product, getting objective feedback from real customers, incorporating updates, testing the market for demand, and getting pricing feedback to ensure there’s enough of a margin between your costs and what consumers are willing to pay. 

It’s not the sort of online money making opportunity that’s covered in glory, but everyone needs a set of eyes to make sure the numbers add up at the end of the year. Every business and most individuals need someone to help prepare tax returns, especially time or resource-strapped small business owners. The Income Tax School provides an array of training programs that'll certify you with tax prep in as little as 10 weeks, and once tax season rolls around you'll be able to charge an average of $229 per return as a freelance tax preparer with this side business idea, reports CNBC.

Michael Kwan (www.MichaelKwan.com) is a freelance writer based out of Vancouver, British Columbia, Canada. He graduated with honours from the University of British Columbia with a degree in Psychology and English Literature. During that time, he worked as a contributing writer and co-editor for [email protected], the official newsletter of the UBC Arts Co-op Program. Today, Michael’s freelance work is mostly found online with a focus on professional blogging and technology reviews.
Fiverr is one of the biggest providers in the gig economy on the web and you can sell a wide variety of services and products through this medium. Do the research and find out what you can offer. However, keep in mind that like any other money-making task, it takes time to succeed here. And stellar reviews will help you generate more and more income over time.
Tied into this point, I like how Scott discourages big dreaming from the point of view that when you try to solve too big a problem, you’ll normally fail since you don’t have the resources to tackle it – eg don’t reinvent say ecommerce platforms with complex software, instead create an online video-driven course on how to build online stores using WordPress (as an example!).
Black hat activities that can produce an income are Credit Card fraud, botnets for hire, sending junk email, DDOS for hire or extortion or click fraud. Reselling penetrated online services such paywall sites, satellite channel decryption (card sharing), etc. Phone Phreaking and switchboard hacking to call premium telephone services for which they are the beneficiary. Selling pirate software, music and films.

I say that, because I remember really taking the lessons on research and how-to writing style to heart.  Implementing them saved me 100s of hours of wasted time…you know the kind of time where you spend 10 hours aimlessly searching the net for some nuggets of gold to inspire your writing on a certain topic and then 5 hours trying to write the first 2 paragraphs!
Also, I know from my personal experience that when you only do something because you think it’s a money-spinner you end up nearly killing yourself to get the idea over the line.  I remember creating a careers advice site that bored me to tears.  Every word I wrote, hurt a little.  All 200,000+ words!  Do not put yourself through this pain.  I know I won’t ever again.
According to CheatSheet.com, AbeBooks will “buy back” old textbooks or other lightly used reading copies, and they pay by check. Similarly, Powell’s buys used copies but has a very strict policy about the condition of your books. Expect to receive a check - but if you plan on buying additional books, you’ll get more bang for your buck by taking store credit.

If you’re interested in trying this, go give it a try. The company is legit. Some companies might do a bait and switch and require you to do phone sex. But on Flirtbucks, all you do is chat and be friendly. But as the name implies, you gotta be juuuuuuust a bit flirty. And that’s where the real skill comes in. You need to be slightly flirtatious, but not overtly sexual. And staying within those limits takes a lot of skill.
Original eBooks are written by you are fine, and you can make a great deal of money this way, as well as use the books to promote your business or products. You can also outsource this work to other writers if you do not have the time to write the books yourself. However, you absolutely must retain “resell” rights from the author when you do this. To take any work that someone else created without their selling the exclusive rights to you is illegal and is considered an infringement of copyright.
Writing quality content is the only way to create your brand and make money in a legal and ethical way. When you write useless eBooks that are full of keyword stuffing, broken links, or references, not only will you lose your ranking with Google over time, but you may also receive terrible reviews on Amazon or Audible for the low-quality content. Anything you write or put out to the masses should be the highest quality possible. The content you write in any form reflects on you and your brand and website. So make sure it is good content and not meaningless text.
Also, I know from my personal experience that when you only do something because you think it’s a money-spinner you end up nearly killing yourself to get the idea over the line.  I remember creating a careers advice site that bored me to tears.  Every word I wrote, hurt a little.  All 200,000+ words!  Do not put yourself through this pain.  I know I won’t ever again.
The music industry might not be as strong as it was in the 80s, but there are still plenty of ways to make money online as a musician. Sites like SoundBetter let you sell your services as a songwriter, producer, or session musician to thousands of customers a month. While Musicbed, Music Vine, Marmoset, and SongFreedom are perfect for licensing your music to TV shows, movies, and web series.
I say that, because I remember really taking the lessons on research and how-to writing style to heart.  Implementing them saved me 100s of hours of wasted time…you know the kind of time where you spend 10 hours aimlessly searching the net for some nuggets of gold to inspire your writing on a certain topic and then 5 hours trying to write the first 2 paragraphs!
Making money online is easy with over 40 methods of black hat techniques exposed, there's no way to go wrong. This guide has been called the bible of Black Hat CPA, now updated for 2011. If your a complete beginner or you've already been making money online with CPA for awhile, this book will have something in it for you. No filler and no fluff, just pure information for what anyone will need to know on black hat cash.
If you love to travel and find yourself randomly searching for airfare sales or browsing Lonely Planet, why not carve out a niche for yourself as a private travel agent? My friend, Mark Jackson did just that, making extra money online with his travel consulting side business. Start with word of mouth recommendations from friends who know they can count on you for the cheapest flights, and then move on and create a Facebook or LinkedIn group to invite people who want to stay on top of the latest deals. Eventually you could spin this into a full-time consultancy teaching people how to make their dream trip a reality.
Next, you need to set up and build your YouTube channel. Your YouTube channel is your homebase for all your content. If you already have a Google account for Gmail or Google Drive, then you can use that to log-in to YouTube and start setting up your channel. Pick a username that works for you and is memorable (if you’re using an existing Google account you’ll have to edit your username in Google+).

You probably already understand why keyword stuffing will drop your rankings. But it also helps to remember why it is so unethical. Keyword stuffing is the process of overusing specific words with the purpose of directing people to a certain website or sales page. There is nothing wrong with sending people to legitimate pages when keywords are used naturally. But keyword stuffing is an overabundant use of words that are low in quality and are only meant to influence where people go online. It is considered a “Black Hat” technique.
The topic of buying and selling blogs deserves it’s own book though and is a very difficult skill to master I must say.  I rant about the greatness and simultaneous pitfalls of marketplaces like Flippa elsewhere on this site, but needless to say I think this is it’s own expertise; worth learning more about for a lot of us who know that starting a business (getting momentum) is a lot tougher than fixing up and steering an existing business to greater profits (maintaining and directing momentum).
It’s not the sort of online money making opportunity that’s covered in glory, but everyone needs a set of eyes to make sure the numbers add up at the end of the year. Every business and most individuals need someone to help prepare tax returns, especially time or resource-strapped small business owners. The Income Tax School provides an array of training programs that'll certify you with tax prep in as little as 10 weeks, and once tax season rolls around you'll be able to charge an average of $229 per return as a freelance tax preparer with this side business idea, reports CNBC.
Research other listings in your city on AirBnB and see what the going rate is for a place like yours. You could also just rent out a private room as well or even a bed in a shared room. In fact, that's how AirBnB got its start. However, you might find it hard in the beginning without reviews, but as long as you take really good care of your guests and provide a lot of value, the reviews will eventually come rolling in.
If you are not comfortable in penning down your thoughts through blogs and content writing, make use of your camera to create a video presentation. Create your YouTube channel, upload videos and start monetising them. Choose a category or subject that you want to make videos on and get started, but make sure it's a topic that will interest a lot of people. Everything from cooking shows to political debates can find many takers on YouTube. You have to create a YouTube channel, which works on a similar model as a blog. As you make your channel popular and the number of subscribers grows, so will your earning potential. The payment one gets is based on every thousand views.
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Clearly, there's a lot of demand on Amazon, and if any product is going to sell, it's going to sell well on Amazon. But the goal here is to source the right products that will easily sell at the world's largest online retailer. Generally, products between $10 and $50 sell very well here. Just be sure to do the right market research before jumping on this bandwagon.
Another example is Mark Organ. His company, Influitive, helps companies and brands harness the power of their fans to create new “advocate marketing” channels. The software they have created to facilitate this is very powerful, but it often takes a mental leap for people to understand how “advocate marketing” really works. Mark wrote his book, The Messenger is The Message to explain this, and he has seen incredible growth since its release.
You see, what the big publishing houses do with big offices of editors, writers, administrative staff… and then big printing presses… then distribution centers to get their books out to bookstores around the country… all to hopefully get books in the hands of customers… you can do on the computer you have right now. If that’s not massive disruption, I don’t know what is.
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